joining us for the conversation, the senior editor. senator smith, could you start by talking to us about how people watch television in the current day, as opposed to five years ago? >> clearly, a lot is happening and telecommunications generally. broadcasting is affected by that. what we do is local. to those who want to do it the old-fashioned way, it is free. and yet we have satellite and cable, and now we have the internet through blue -- hulu, and netflix. it remains relevant. when you look at the top television programs, 90 of them are broadcast this way. i think that the future of broadcast television is very bright, indeed. >> host: what challenges are you looking for in the future? >> guest: we are a mobile society and we want to be connected every hour of every moment of every day. the challenge is to make sure that we are on ipads and computers and phones, as well as the traditional viewing of the tv in the living room. the other challenge that we have, obviously, if the spectrum, it is a finite resource. others want that r